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Title: DarkCoin Instamine Scam Post by: AdamWhite on March 12, 2015, 03:38:44 PM Does anyone else think the 2+ million coin instamine in the first 48 hours is a disgrace to everything crypto is supposed to stand for?
The darkcoin fanboys don't seem to think it's a problem. They're quick to point out that the project needed funding, but the official explanation is that the instamine was an accident. Seems like a fraudulent way of going about funding a project. Is darkcoin a good buy, or is the project doomed because of the shady start? Title: Re: DarkCoin Instamine Scam Post by: nsimmons on March 12, 2015, 03:58:02 PM What was dark coins value in the first 48hr window?
What is 2*10^6 * 0? This is your argument, reconsider it. Title: Re: DarkCoin Instamine Scam Post by: vrm86 on March 12, 2015, 04:00:17 PM I'd not invest a satoshi in DRK unless I would know exact time of the final dump.
What was dark coins value in the first 48hr window? What is 2*10^6 * 0? This is your argument, reconsider it. Main assumption of insta-/premine is that coin will reach any value in near future. Title: Re: DarkCoin Instamine Scam Post by: BCwinning on March 12, 2015, 04:04:11 PM Does anyone else think the 2+ million coin instamine in the first 48 hours is a disgrace to everything crypto is supposed to stand for? I do and I also think the masternode is another scam. It seems the coin is self destructing though so don't worry about it.The darkcoin fanboys don't seem to think it's a problem. They're quick to point out that the project needed funding, but the official explanation is that the instamine was an accident. Seems like a fraudulent way of going about funding a project. Is darkcoin a good buy, or is the project doomed because of the shady start? Title: Re: DarkCoin Instamine Scam Post by: nsimmons on March 12, 2015, 04:12:15 PM I'd not invest a satoshi in DRK unless I would know exact time of the final dump. What was dark coins value in the first 48hr window? What is 2*10^6 * 0? This is your argument, reconsider it. Main assumption of insta-/premine is that coin will reach any value in near future. 2*10^6 * 0 = 0 Title: Re: DarkCoin Instamine Scam Post by: solid12345 on March 12, 2015, 05:01:38 PM What was dark coins value in the first 48hr window? What was the value of Bytecoin when they mined their own coin for 2 years? Nothing. But somehow they get grief and Darkcoin doesn't. By the way what was the value of those Dark coins within a few days and weeks of hitting the exchange? As much as a dollar in some cases, absurdly high for a generic coin that did nothing at the time. Title: Re: DarkCoin Instamine Scam Post by: MisO69 on March 12, 2015, 05:35:28 PM Does anyone else think the 2+ million coin instamine in the first 48 hours is a disgrace to everything crypto is supposed to stand for? The darkcoin fanboys don't seem to think it's a problem. They're quick to point out that the project needed funding, but the official explanation is that the instamine was an accident. Seems like a fraudulent way of going about funding a project. Is darkcoin a good buy, or is the project doomed because of the shady start? Don't forget, no windows wallet at launch. So only dev and linux buddies insta-mined this one. Block reward was wrong at launch from what the op stated. It was 10x more. gee.. Title: Re: DarkCoin Instamine Scam Post by: choochimil on March 12, 2015, 05:39:36 PM At the time, premines were the thing.
Title: Re: DarkCoin Instamine Scam Post by: Sumo on March 12, 2015, 08:59:37 PM Are coin devs supposed to lay out their own money and time for free?
Title: Re: DarkCoin Instamine Scam Post by: PoS on March 12, 2015, 09:02:29 PM There is only two ways about either the darkcoin dev is incompetent or set out to scam from the word go.
https://bitcointalk.org/index.php?topic=979682.msg10689484#msg10689484 (https://bitcointalk.org/index.php?topic=979682.msg10689484#msg10689484) Title: Re: DarkCoin Instamine Scam Post by: AdamWhite on March 12, 2015, 09:13:17 PM Are coin devs supposed to lay out their own money and time for free? So the correct way to raise funds is instamine 50% of the coin and claim is was due to a bug in KGW ? Title: Re: DarkCoin Instamine Scam Post by: Urlioman on March 13, 2015, 01:24:44 PM Are coin devs supposed to lay out their own money and time for free? To steal or not to steal this is the question! |